Arlington Asset Investment (NYSE:AI) is scheduled to post its quarterly earnings results after the market closes on Monday, February 5th. Analysts expect Arlington Asset Investment to post earnings of $0.56 per share for the quarter.
Arlington Asset Investment (NYSE:AI) opened at $11.17 on Monday. The stock has a market cap of $314.33, a P/E ratio of -7.65 and a beta of 1.06. Arlington Asset Investment has a 52 week low of $10.93 and a 52 week high of $15.51. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.19.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be paid a $0.55 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.20 annualized dividend and a dividend yield of 19.70%. Arlington Asset Investment’s dividend payout ratio is presently -150.68%.
In other news, CEO J Rock Tonkel, Jr. bought 5,000 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were purchased at an average price of $11.00 per share, for a total transaction of $55,000.00. Following the completion of the purchase, the chief executive officer now owns 327,132 shares in the company, valued at approximately $3,598,452. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 5.90% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Arlington Asset Investment (AI) to Release Earnings on Monday” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this article on another website, it was stolen and republished in violation of U.S. and international copyright & trademark law. The legal version of this article can be viewed at https://www.americanbankingnews.com/2018/01/29/arlington-asset-investment-ai-to-release-earnings-on-monday.html.
Arlington Asset Investment Company Profile
Arlington Asset Investment Corp. is an investment company. The Company focuses on acquiring and holding a levered portfolio of residential mortgage-backed securities (MBS), consisting of agency MBS and private-label MBS. Agency MBS include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).
Receive News & Ratings for Arlington Asset Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arlington Asset Investment and related companies with MarketBeat.com's FREE daily email newsletter.